Technical Analysis of STOCKS & COMMODITIES
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Article Archive For Keyword: Oil Index Is
DownloadCrude Oil Index Is Under Pressure
ARTICLE SYNOPSIS...The light crude oil index has moved sideways after an exclusive advance rally. Let us check out the future stability of the consolidation range.
The AMEX Oil Index is Facing Significant Trendline Resistance
ARTICLE SYNOPSIS...The AMEX Oil Index (XOI) gave a false buy signal last week when it broke a double top in the 460 to 465 range. Significant trendline resistance would have alerted traders to an upcoming reversal in the Index.
The AMEX Oil Index is Testing Key Resistance
ARTICLE SYNOPSIS...The AMEX Oil Index (XOI) has been capped by its 50-day moving average since July of this year. With this moving average coming into play once again, could the XOI be setting up for a short-term top?
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